Big Dumper Mt.Gox Trustee !! | Bitcointalksearch.org

JeffBrad12

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Quote from: oxonhu on March 14, 2018, 11:11:40 AM

Quote from: yua_na on March 11, 2018, 07:19:51 AM

I know its all still because mt gox scandal hacking. A lot of btc hacked and mt gox also still have 200k bitcoin and 200k bcash. They need to sell it now because they can pay all customer with this price. All mtgox customer paid by dollar and 1 btc = $400. We will see another dump in the next couple of week untill all sold or mayber mt gox trustee will wait btc price up again then sell for bigger bucks.

he wont sell all because he just has to sell enough to payback investors than he will give rest of btc to Mt.Gox. The problem is why Trustee doesnt make an Auction ? Its best way to sell btc . Who buy btc wont sell maybe but HODL so btc will not dumped anymore. They have another meeting in September 2018 i hope thiş time they wont sell..

Trustee just need instant money to pay the creditors. that means the only possible thing to send all of bitcoin to the market and then dump it instantly. There was not a lot of time to make an auction. i think that was a real reason why trustee doesn't make any auction to sell all of bitcoin. Another meeting to discuss the rest of amount.

aamirsuh

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If you are causing the bitcoin price to fall, that should be over. The price is falling so much, it is really hard to stand against this decline. The price should turn now.

djlenna12345

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Quote from: oxonhu on March 14, 2018, 11:11:40 AM

Quote from: yua_na on March 11, 2018, 07:19:51 AM

I know its all still because mt gox scandal hacking. A lot of btc hacked and mt gox also still have 200k bitcoin and 200k bcash. They need to sell it now because they can pay all customer with this price. All mtgox customer paid by dollar and 1 btc = $400. We will see another dump in the next couple of week untill all sold or mayber mt gox trustee will wait btc price up again then sell for bigger bucks.

he wont sell all because he just has to sell enough to payback investors than he will give rest of btc to Mt.Gox. The problem is why Trustee doesnt make an Auction ? Its best way to sell btc . Who buy btc wont sell maybe but HODL so btc will not dumped anymore. They have another meeting in September 2018 i hope thiş time they wont sell..

perhaps this is a pre-planned attack on the market, so that people begin to panic. Already at a very inappropriate time, the sale of so many bitcoins was made.

oxonhu

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Quote from: yua_na on March 11, 2018, 07:19:51 AM

I know its all still because mt gox scandal hacking. A lot of btc hacked and mt gox also still have 200k bitcoin and 200k bcash. They need to sell it now because they can pay all customer with this price. All mtgox customer paid by dollar and 1 btc = $400. We will see another dump in the next couple of week untill all sold or mayber mt gox trustee will wait btc price up again then sell for bigger bucks.

he wont sell all because he just has to sell enough to payback investors than he will give rest of btc to Mt.Gox. The problem is why Trustee doesnt make an Auction ? Its best way to sell btc . Who buy btc wont sell maybe but HODL so btc will not dumped anymore. They have another meeting in September 2018 i hope thiş time they wont sell..

posi

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My thinking is that we should not be ready for the real pump in price right now because the thing with the Mt. Gox and some other exchange in Japan is still causing some panic in the market.

yua_na

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I know its all still because mt gox scandal hacking. A lot of btc hacked and mt gox also still have 200k bitcoin and 200k bcash. They need to sell it now because they can pay all customer with this price. All mtgox customer paid by dollar and 1 btc = $400. We will see another dump in the next couple of week untill all sold or mayber mt gox trustee will wait btc price up again then sell for bigger bucks.

preshpr1nce

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Quote from: Baltman on March 11, 2018, 03:21:21 AM

It's not such a large volume, I think the panic from this event is too much inflated. This has only a short-term effect. 400mln vs 24h volume 6bln lol

Good point, over a period of time $1.9 billion won't be so bad, depends how much he's selling at a pop and what the volume is around that price.

lovenlifelarge

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This period of the year, if i remember it correctly was the same time where most of the coins were started being pump and dump heavily. Old good times

okinawa

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I heard they will stop dumping for now but they will sell it later I don't know when but probably later this year in my opinion.
Right now the price is going down because people are panicking.

hansbans

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If they really have so many bitcoins, I think they will not sell them all. The price of bitcoin will rise very much in the long run. For example, when they are 50 thousand dollars they sell a certain amount, when they are 100 thousand dollars they sell some. So they earn more money

Baltman

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It's not such a large volume, I think the panic from this event is too much inflated. This has only a short-term effect. 400mln vs 24h volume 6bln lol

preshpr1nce

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Did a bit more reading, the trustee still has $1.9 billion worth to sell.
This is the worst news I've seen in recent times for BTC.

Bonsaiav

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Quote from: oxonhu on March 09, 2018, 11:52:20 AM

As you know MtGox got hacked and many people lose their btc ( total around 744k btc).

what do you think ?

I have never heard of such hacking, but the news I hear is the existence of several bitcoin address lines that should be responsible for the recent decline in bitcoin prices. But my heart began to doubt after this incident because most likely the actual btc owner will do the sale and buy it back at a later date for a lower price.

preshpr1nce

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Are they all sold yet? something tells me no?
There is a timed pattern with these dips that are going on and I wouldn't call this a correction any more, exchanges need MONEY to back their base, not BTC!
If they are slowly selling $400 million worth of BTC back in to the market, we will be sitting under $10,000 for a good time.

Complete pain in the ass this is, crypto needs to go down the DEX path quicker than we are if one single exchange can have such an impact from their own mistake.

makishart

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Quote from: weav on March 10, 2018, 06:56:44 PM

Why do people think this guy is a retard or something , he won't dump all the coins at once. It makes way more sense to spread it so he can get the highest price per bitcoin as possible. Maybe it has effect on the market , but not as much as some people seem to think.

It may better to sell all of the bitcoin through the auction method because that can give a lot of impact to the market if that was getting dump at once. That more sense about how the majority of country that seized the bitcoin from the criminal was selling it through auction. But i remember there is more than 332k bitcoin + bitcoin cash in trustee wallet.

nimethasa

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#SWGT PRE-SALE IS LIVE

what this mean
Mt.gox very long time closed service, why can dumn
why MT gox does not pay compensation to member, but in use for dump market

weav

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- "Bitcore (BTX) - Airdrops every Monday"

Why do people think this guy is a retard or something , he won't dump all the coins at once. It makes way more sense to spread it so he can get the highest price per bitcoin as possible. Maybe it has effect on the market , but not as much as some people seem to think.

goyald2801

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i heard he sold many btc even at $6k price , it shows how dumb he is .
rather than dumping on exchanges he can go for otc or even can do margin trading with his family members and earn more .

he is just causing loss to everyone . good that that exchange is now past .

rupesh2

newbie

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this mt gox ghost is still not ready to leave crypto investors .
earlier it cause loss to its users ..
now it causing loss to all holders and entire crypto market .

also at same time it shows market still going good even after his dump ..

Fredyink

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That sucker doesn't know anything about auctions. He is slamming the price down a little bit with that large number of Bitcoins.
On the positive side, I guess people will get back some of the stolen investment back.

Topic: Big Dumper Mt.Gox Trustee !! (Read 524 times)